All the Gold ever extracted is 160,000 tons (in 2009) , The American Debt = 14 Trillion Dollars = 1.8 All the Gold ever extracted in Human History !!! The monetary mass in the US is increasing by 15% a year ! Total gold divided by people in the world gives each of us 23 grams

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Tuesday, July 21, 2015

Peter Schiff : Gold Will Take Off Once Market Comes to Terms With Reality

The current system has wealth only moving upward and eventually it will be economically apocalyptic. A wealthy people (middle class) spend and keep the economic ecosystem humming. Money that works moves. The wealthy warehouse it and wait until the economy starves so they can dole it out at exorbitant interest, perpetuating the boom bust system we have.